Listing ID6489601
Sold For$1,245,000
StatusClosed
Sold Date12/30/2022
CountyMaricopa
SubdivisionGREENFIELD ACRES TRACT 2
Year Built1935
Property TypeMultiple Dwellings
6-Unit, Garden-Style Property, Built in 1935. (1) Large 4-Bed / 1-Bath Single Family Home, (1) 3-Bed / 1-Bath Single Family Home, (1) 2-Bed / 1-Bath Unit, & (3) 1-Bed / 1-Bath Units. Select Units Lightly Upgraded With New Cabinetry, Flooring, & Appliances. Large Backyard Area Situated Behind 4-Unit Building. Both Single Family Homes Feature In-Suite Washer / Dryer With Shared Laundry Facility On-Site for Remaining Units. Close Proximity to Phoenix Children's Hospital, Phoenix Country Club, & Coronado Park. All Units Fully Occupied - Drive-By Only. *Seller Financing Available*
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
GREENFIELD ACRES TRACT 2
Year Built
1935
Zoning
R-3
1 Bedroom Units # Baths
1
1 Bedroom Units Avg SqFt
400
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
500
3 Bedrooms Units # Baths
1
3 Bedrooms Units Avg SqFt
890
4 Bedrooms Units # Baths
1
4 Bedrooms Units Avg SqFt
1300
Cooling
Central A/C, Individual, Electric
Cooling
yes
Heating
Electric
Heating
yes
Community Features
See Remarks
Country
US
Elementary School District
Creighton Elementary District
General Property Description Elementary School District2
Creighton Elementary District
General Property Description High School District
Phoenix Union High School District
High School District
Phoenix Union High School District
Postal City
Phoenix
Township
2N
Water Source
City Franchise, Master Meter, Individual Meter
Attached Garage
no
Construction Materials
Painted, Stucco, Frame - Wood
Electric
APS, Master Meter, Individual Meter
General Property Description # of Buildings
4
General Property Description Lot Size Dimensions
11,406 sqft
General Property Description Total # of Units
6
General Property Description Uncvrd Parking Spcs
6
Lot Size Dimensions
11,406 sqft
Number Of Buildings
4
Number Of Units Total
6
Open Parking Spaces
6
Parking Features
1 Space/Unit, Street Parking
Parking Total
6
Road Surface Type
Asphalt
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.00
Mls Status
Closed
Public Survey Range
3E
Public Survey Section
34
1 Bedroom Units Avg Rent
1000
2 Bedroom Units Avg Rent
1175
3 Bedrooms Units Avg Rent
1750
4 Bedrooms Units Avg Rent
2000
Cap Rate
5.3
Disclosures
None
Gross Income
91584
Gross Scheduled Income
94800
Listing Terms
Conventional, 1031 Exchange, FHA, Owner May Carry, VA Loan
Net Operating Income
70160
Owner Pays
Trash Collection, Water, Sewer
Tax Annual Amount
1263
Tax Book Number
117.00
Tax Lot
44
Tax Year
2022
Tenant Pays
Electricity
Contact - Listing ID 6489601
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker